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“Momentum Is Tough to Fight” as Big Tech Drives Markets Higher

By Schwab Network May 04, 2026 Bullish
“Momentum Is Tough to Fight” as Big Tech Drives Markets Higher
Big Tech earnings continue to power markets to fresh all-time highs, with momentum proving difficult for investors to fade. Investopedia's Caleb Silver highlights broad strength beneath the surface, noting that 7 of the 11 S&P 500 sectors are seeing net profit margin expansion.
Big Tech earnings continue to power markets to fresh all-time highs, with momentum proving difficult for investors to fade. Investopedia's Caleb Silver highlights broad strength beneath the surface, noting that 7 of the 11 S&P 500 sectors are seeing net profit margin expansion.